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PCF

High Income Securities Fund

22 hedge funds and large institutions have $8.34M invested in High Income Securities Fund in 2021 Q1 according to their latest regulatory filings, with 4 funds opening new positions, 10 increasing their positions, 6 reducing their positions, and 3 closing their positions.

New
Increased
Maintained
Reduced
Closed

184% more capital invested

Capital invested by funds: $2.93M → $8.34M (+$5.4M)

67% more repeat investments, than reductions

Existing positions increased: 10 | Existing positions reduced: 6

33% more first-time investments, than exits

New positions opened: 4 | Existing positions closed: 3

11% more ownership

Funds ownership: 6.13%17.12% (+11%)

5% more funds holding

Funds holding: 2122 (+1)

Holders
22
Holders Change
+1
Holders Change %
+4.76%
% of All Funds
0.39%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
4
Increased
10
Reduced
6
Closed
3
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Cetera Investment Advisers
1
Cetera Investment Advisers
Illinois
$3.52M +$3.35M +389,982 +2,977%
Baird Financial Group
2
Baird Financial Group
Wisconsin
$1.17M +$1.15M +133,285 New
KOMWMG
3
Kerntke Otto McGlone Wealth Management Group
Wisconsin
$593K +$5.23K +608 +0.9%
BI
4
Bulldog Investors
New Jersey
$452K +$239K +27,745 +116%
Osaic Holdings
5
Osaic Holdings
Arizona
$385K +$307K +35,644 +426%
MAFM
6
Mid Atlantic Financial Management
Pennsylvania
$347K +$342K +39,700 New
LPL Financial
7
LPL Financial
California
$336K +$331K +38,493 New
Wells Fargo
8
Wells Fargo
California
$315K +$59K +6,864 +24%
SWM
9
SeaCrest Wealth Management
New York
$269K +$100K +11,665 +61%
Bank of America
10
Bank of America
North Carolina
$217K -$139K -16,156 -39%
YCM
11
Yakira Capital Management
Connecticut
$202K -$130K -15,109 -40%
KAS
12
Kestra Advisory Services
Texas
$165K -$71K -8,258 -30%
PMG
13
ProVise Management Group
Florida
$129K -$17.2K -2,000 -12%
Morgan Stanley
14
Morgan Stanley
New York
$120K +$9.98K +1,160 +9%
Royal Bank of Canada
15
Royal Bank of Canada
Ontario, Canada
$41K -$2.69K -313 -6%
MFA
16
McClarren Financial Advisors
Pennsylvania
$26K +$697 +81 +3%
BWA
17
BDO Wealth Advisors
Florida
$14K +$13.8K +1,600 New
PFGIA
18
Patriot Financial Group Insurance Agency
Massachusetts
$10K
BBPWM
19
Blue Bell Private Wealth Management
Pennsylvania
$10K +$2.28K +265 +30%
VFA
20
Valeo Financial Advisors
Indiana
$7K
WC
21
Winmill & Co
New York
$7K +$3.44K +400 +100%
UBS Group
22
UBS Group
Switzerland
$4K -$6.68K -777 -65%
Millennium Management
23
Millennium Management
New York
-$266K -30,958 Closed
Fifth Third Bancorp
24
Fifth Third Bancorp
Ohio
-$10K -1,150 Closed
D
25
Diversified
Delaware
-$2K -260 Closed

PCF Hedge Fund Activity: Q1 2021 in Review

22 of the 5,695 institutional investors tracked by Wall St. Rank reported a position in High Income Securities Fund (PCF) for Q1 2021, worth a combined $8.34M — up 184% from $2.93M a quarter earlier.

Buyers outnumbered sellers: 4 funds opened new PCF positions and 3 closed out — a net gain of 1 holder — while 10 added to existing stakes and 6 trimmed.

The largest buyer was Cetera Investment Advisers, adding an estimated $3.35M. The largest seller was Millennium Management, exiting entirely with an estimated $266K sold.

  • 22 institutional investors held High Income Securities Fund (PCF) as of Q1 2021, up from 21 in Q4 2020.
  • Funds reported $8.34M of High Income Securities Fund stock for Q1 2021, up 184% quarter-over-quarter.
  • 4 funds opened new High Income Securities Fund positions in Q1 2021 and 3 closed out, a net change of +1 holder.
  • The largest High Income Securities Fund buyer in Q1 2021 was Cetera Investment Advisers, an estimated $3.35M added.
  • The largest High Income Securities Fund seller in Q1 2021 was Millennium Management, an estimated $266K sold.

Based on aggregated 13F filings for Q1 2021.